LendingClub (NYSE: LC) director sells 2,390 shares and holds 4,781 RSUs

Rhea-AI Filing Summary

LendingClub Corp director Erin Selleck reported an open-market sale of 2,390 shares of common stock on March 5, 2026 at $15.46 per share, executed under a Rule 10b5-1 trading plan. After this trade, Selleck directly held 78,767 common shares.

The filing also shows 4,781 unvested Restricted Stock Units (RSUs) from an annual non-employee director equity award. Each RSU represents one share of common stock and vests quarterly over one year beginning June 3, 2025, subject to continued service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Selleck Erin

(Last) (First) (Middle)

C/O LENDINGCLUB CORPORATION

595 MARKET ST. #200

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LendingClub Corp [ LC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/05/2026		S(1)		2,390	D	$15.46	78,767	D
Common Stock								4,781(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan.

2. Represents the unvested portion of an annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs vest quarterly over a one-year period beginning on June 3, 2025, subject to continued service through each vesting date.

	/s/ Bhavit Sheth, attorney-in-fact	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did LendingClub (LC) report for Erin Selleck?

LendingClub reported that director Erin Selleck sold 2,390 shares of common stock on March 5, 2026. The sale was an open-market transaction at $15.46 per share, executed under a Rule 10b5-1 trading plan established in advance.

How many LendingClub shares does Erin Selleck own after the reported sale?

After the March 5, 2026 transaction, Erin Selleck directly owned 78,767 shares of LendingClub common stock. The filing also discloses an additional 4,781 unvested RSUs, representing a contingent right to receive common shares as those RSUs vest over time.

At what price were Erin Selleck’s LendingClub shares sold in the Form 4?

The reported open-market sale was executed at an average price of $15.46 per share for 2,390 shares of LendingClub common stock. This transaction is identified with code S, indicating a sale in an open market or private transaction under SEC rules.

Was Erin Selleck’s LendingClub stock sale under a Rule 10b5-1 plan?

Yes. A footnote states the transaction “was effected pursuant to a Rule 10b5-1 trading plan.” Such plans allow insiders to prearrange trades, helping separate routine portfolio management from day-to-day market information or discretionary timing decisions.

What Restricted Stock Units (RSUs) does Erin Selleck hold at LendingClub?

The Form 4 notes 4,781 unvested RSUs from an annual non-employee director equity award under the 2014 Equity Incentive Plan. Each RSU equals one share of common stock and vests quarterly over one year beginning June 3, 2025, subject to continued service.

How are Erin Selleck’s LendingClub RSUs scheduled to vest?

The disclosed RSUs vest quarterly over a one-year period, starting on June 3, 2025. Vesting is subject to continued service through each vesting date. When each RSU vests, it entitles the holder to receive one share of LendingClub common stock.